Why Warren Buffett, Jeff Bezos, And Elon Musk Have It Wrong

Warren Buffett has said his business investments need to create shareholder value, and social and political concerns should be left in the hands of individuals. Jeff Bezos and Elon Musk seem to think the same way. This approach to business may have made sense in the 1970s, but it is now old school.

Climate change demonstrators hold signs in the likeness of Warren Buffett, chairman and chief … [+] executive officer of Berkshire Hathaway Inc., while protesting outside of the Berkshire Hathaway annual shareholders meeting in Omaha, Nebraska, U.S., on Saturday, April 30, 2016. Photographer: Daniel Acker/Bloomberg

When my team did our analysis, we found that the company that Warren Buffett governs, Berkshire Hathaway, was one of only two in the top S&P50 that hadn’t made carbon commitments…

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